INCREASED MONTHLY DIVIDENDS ANOTHER 2% WITH PURCHASE OF LKSD!

Made a risky stock purchase today, buying shares of LKSD while the company is going through a rough patch.  Not sure whether they will pull out of it or not, but I'm not risking much money here and I did increase monthly dividends by 2%, while I wait to see how things pan out.  LKSD has a 52 week high/low of $15.88/$3.  They pay a  quarterly dividend of 26 cents per share for a dividend yield of 27.44% on the recent price of 3.46.  The fact that they're still paying the dividend and the price is moving up made me decide to invest a small amount.  If they go to zero and I lose my total investment, it will be very little compared to my overall portfolio.  However, if they manage to show some improvement, which I'm sure they're working on, then the rewards could be great for such a small buy in price.  In the mean time, I'll enjoy collecting the dividend, as long as they continue to pay.  Should they cancel the dividend all together, I'll sell out my shares and move on.

I've gotten to the point where a great deal of my new investments are paid for with dividends from my current investments.  Meaning little or no cash out of pocket.  I purchased my stake in LKSD with one month's worth of cash dividends.  I'm still reinvesting over half of the dividend payments I receive in more shares of current holdings, while taking the other half in cash to add new investments.  I'm also still adding additional cash to my taxable account, the IRA, the ROTH IRA and my 401k.  I'm beginning to see amazing results of late, the snowball effect is really starting to kick in and overall balances are rising rapidly.

Been seeing the same thing happen in reverse with my old debts.  Every month I pay less in interest and more on principle.  By May of 2020, I should be getting near debt free!  Then I'll be free to put all that money to work building my investments at a phenomenal rate!  I'm very excited about the whole situation!